Showing 1 - 6 of 6
Rich get richer, poor get the picture
News, Wichit Chantanusornsiri, Published on 09/01/2020
» This year the new land and building tax law takes effect with the new tax regime hardly affecting ordinary people who do not own second homes. It rather effects super rich people who have owned land in amounts so vast that they would have to spend a good part of their life if they wanted to walk around every plot of their land.
Stimulus a band-aid for gaping wounds
News, Wichit Chantanusornsiri, Published on 28/11/2019
» Despite several "stimulus" measures launched by the government in the past year, the Thai economy is still being buffeted by the volatility of international trade. This year's growth projection has been adjusted to a level much lower than previous predictions due to a slowdown in exports, which account for 70% of the economy.
High-income goal needs a reality check
News, Wichit Chantanusornsiri, Published on 31/10/2019
» Thailand "will become a high-income country by 2036", said Prime Minister Prayut Chan-o-cha, as he spoke of his "Vision 2036" at the 74th Session of the United Nations General Assembly in New York last month.
BoT right in fending off property bubble
News, Wichit Chantanusornsiri, Published on 25/10/2018
» The Bank of Thailand (BoT) deserves praise for warning about the risk of a speculative bubble in the property sector, in particular from mushrooming condominium projects.
Act now on ageing society before it's too late
News, Wichit Chantanusornsiri, Published on 05/07/2018
» In the next three years, people aged over 60 in Thailand will account for 13.8 million, or 20% of the population. This means in a group of five, there will be one elderly person. In demographic science, a country where 20% of its people are aged 60 years old or higher is categorised as an ageing society.
Infrastructure land windfall tax a letdown
News, Wichit Chantanusornsiri, Published on 15/03/2018
» A new tax law which will enable the Revenue Department to collect tax from land owners who are to benefit from transport infrastructure development projects is a novel idea by the Finance Ministry.